India, April 6 -- The Japanese stock market is plummeting on Monday, extend the sharp losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 tumbling more than 6 percent to below the 31,600 level, with strong losses across all sectors led by index heavyweights, technology and financial stocks as the global trade war ignited by the U.S. raises fears of a global recession.
The benchmark Nikkei 225 Index is down 2,207.18 points or 6.53 percent at 31,573.40, after hitting a low of 30,792.74 earlier. Japanese shares ended sharply lower on Friday.
Market heavyweight SoftBank Group is plummets almost 12 percent and Uniqlo operator Fast Retailing is declining almost 4 percent. Amon...